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Angel One Vs Prostocks NRI Account Comparison

The side-by-side comparison of Angel One and Prostocks NRI Account. Compare Angel One Vs Prostocks NRI Account brokerage charges, exposure margin, demat account and AMC. Read Prostocks and Angel One NRI Account reviews.

Find out Angel One Vs Prostocks which is better NRI Trading Account. See Angel One Vs Prostocks which is best NRI Demat Account.

Our Angel One Limited comparison with Prostocks highlights the major differences between two brokers. Find the best between Angel One and Prostocks NRI Account.

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Angel One Vs Prostocks

  Angel One Prostocks
 
  Angel One Limited Logo Prostocks Logo
About the Broker Angel One, a leading full-service stock broker in India, offers online trading to both resident and non-resident Indians (NRIs). Angel One offers 2-in-1 accounts to NRIs combining a trading and a demat account linked to each other. NRIs can use the a... Know more about Angel One Limited Prostocks is a flat-fee discount stock broker offering online investing and trading services to Resident and NRI Investors. It offers a 2-in-1 account, combining trading and demat account, to NRIs to trade across equity, derivatives, mutual funds, an... Know more about Prostocks
Account Type Angel iTrade PRIME NRI Account
Special Offer
Special Offer: Brokerage free equity delivery trades, free tips and flat Rs 20 intraday and F&O trade brokerage. Open Instant Account and start trading today.
Special Offer: Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.

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Angel One Vs Prostocks Charges

  Angel One Prostocks
NRI Account Opening Fees ₹0 ₹0
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0 (Free)
NRI Demat Account AMC Rs 240 Rs 0 (Lifetime Zero AMC)
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open Angel One AccountOpen Prostocks Account

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Angel One Vs Prostocks NRI Account Brokerage Comparison

Account Type Angel One Angel iTrade PRIME Prostocks NRI Account
Equity Delivery ₹100 per executed order
Equity Futures ₹100 per executed order
Equity Options ₹100 per executed order
Open Angel One AccountOpen Prostocks Account

Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges
TDS Charges on Long Term Gain (Holding > 365 Days) 11.96% 11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days) 17.94% 17.94%
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Angel One Vs Prostocks NRI Account Taxes/Fees

  Angel One Prostocks
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. 0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

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Angel One Vs Prostocks NRI Account Margin

  Angel One Margin Prostocks Margin
Equity Delivery 1x 1x
Equity Futures 1x 1x
Equity Options 1x 1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


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Angel One and Prostocks NRI Account Features

  Angel One Prostocks
3-in-1 Account No No
Automated Trading No Yes
Free Research And Tips Yes No
Other Features Trading API, GTC & AMO orders
Open Angel One AccountOpen Prostocks Account

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Angel One Vs Prostocks NRI Account Review

  Angel One Review Prostocks Review
  266 Customer Reviews    Rate Angel One 38 Customer Reviews    Rate Prostocks
Fees 3.0 4.6
Brokerage 3.0 4.3
Trading Platform 3.0 2.9
Customer Service 2.6 3.2
Overall Rating Rated 2.7 stars Rated 3.3 stars
Broker Rating Angel One is Rated 2.7 / 5 based on 266 customer reviews Prostocks is Rated 3.3 / 5 based on 38 customer reviews
Open Angel One AccountOpen Prostocks Account

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Contact Broker / Request A Call Back

  Angel One Enquire Prostocks Enquire
Contact Broker Brokerage free equity delivery trades, free tips and flat Rs 20 intraday and F&O trade brokerage. Open Instant Account and start trading today. Pay Rs 899 per month for unlimited trading or flat Rs 15 per Trade + Brokerage-Free Equity Delivery + Lifetime Free AMC Demat Account. Open FREE Instant Demat Account and start trading today.
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Angel One Vs Prostocks NRI Investment Options

  Angel One Prostocks
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds No Yes
Other Investment Options

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Angel One Vs Prostocks NRI Customer Service

  Angel One Prostocks
Customer Care Number 022-33551111/022-42185454 +91 88503 17671, +91 22 6243 4343, +91 22 3811 011
Customer Care Email support@angelbroking.com sales@prostocks.com
Open Angel One AccountOpen Prostocks Account

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Angel One Vs Prostocks Order Type Offered for NRI Account

  Angel One Prostocks
Bracket Order Yes
Cover Order Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes

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Angel One Vs Prostocks - NRI Account Advantages and Disadvantages

  Angel One Prostocks
Pros
  1. The flat-fee stock broker offers trading at a low brokerage charge.
  2. Offers access to good trading software and tools.
  3. Offer solid research advisory services.
  • ProStocks is the most popular broker for NRI Trading Account.
  • Prostocks charges a flat fee of Rs 100 per trade which is the cheapest fee charged by any broker in India.
  • No minimum deposit or funds are required.
  • GTC (Good Till Cancel) and AMO (After Market Order) are available.
  • Advance order types like BO, CO, OCO, etc are available.
  • Mutual Funds, Equity SIP, and IPO is available.
  • Trading APIs are available at flat Rs 1000 per month.
  • Demat and Trading accounts at Prostocks are lifetime AMC free.
  • NRI customer doesn't require a separate Custodial Account to trade in Equity F&O. Prostocks is a registered clearing member who can get the CP code for NRI and clear the trades. This offers huge savings for NRI customers.
Cons
  1. Doesn't offer 3-in-1 accounts. Only offer 2-in-1 account combining trading and demat accounts. So, NRIs to first transfer funds from their PIS account to Angel One trading account before trading.
  2. Doesn't offer Mutual Funds to NRI customers.
  • Doesn't offer a 3-in-1 account. An NRI has to open an NRI Bank Account before opening a trading and demat account.
Conclusion

Angel One comes across as a decent choice for NRIs looking to trade in Indian stock markets. The company offers best-in-the-industry research services and trading recommendations to NRIs. It doesn't offer mutual fund investment services to NRIs. However, it charges a low flat-fee brokerage which makes it an attractive stock broker for NRIs.

Prostocks offer online trading service at the cheapest brokerage rate to the NRIs. It has partnerships with 5 popular banks in India to offer NRI trading. The free account opening and AMC free demat & trading account is an added advantage for the NRI customers. Prostocks doesn't provide research and advisory service. It suits well for frequent traders who execute 100's of trades daily.

Promo / Offers

Angel One Special Offer

Discount Brokerage Plan (Flat Rate Pricing)

Get a full-service trading account with discount broker pricing. Pay Rs 0 brokerage for equity delivery and flat Rs 20 brokerage for Intraday and F&O trades. Get high-quality research reports and personalized services for free. Open Instant Account and start trading in just a few minutes.

Prostocks Special Offer

Unlimited Monthly Trading @ Rs 899

  • Monthly unlimited trading plan @ Rs 899.
  • Or Rs 0 Eq Delivery Brokerage and Flat Rs 15 per trade for Intraday & F&O +
  • Lifetime Free AMC Demat Account +
  • API for algo trading.

This is a limited-time offer. Open FREE Instant Demat Account and start trading today.

Open Angel One AccountOpen Prostocks Account

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